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– Net Profit Down 45% at ₹700.8 Cr Vs ₹1,275.3 Cr (YoY)

– Revenue Down 4.3% at ₹8,359 Cr Vs ₹8,730.8 Cr (YoY)

– EBITDA Down 15% at ₹1,407 Cr Vs ₹1,691.4 Cr (YoY)

– Margin at 17.2% Vs 19.4% (YoY)

– Volume Growth at 1.8%

Asian Paints Ltd., India’s largest paint manufacturing company, reported its March quarter results, on Thursday, May 8, in which it reported volume growth of 1.8%, which was below estimates. The firm’s net profit fell 45%.

– Net profit at ₹345 Cr vs CNBC-TV18 poll of ₹383 Cr

– Revenue at ₹2,163 Cr vs CNBC-TV18 poll of ₹2,238 Cr

– Board recommends final dividend Of ₹6 per share

Canara Bank announced its results for the January to March period, in which it reported a 33% year-on-year rise in net profit at ₹5,002.7. The same was ₹3,757 crore in the year-ago quarter. Read here

– Net Profit Up 33.2% at ₹5,002.7 Cr Vs ₹3,757 Cr (YoY)

– NII Down 1.4% at ₹9,442 Cr Vs ₹9,580 Cr (YoY)

– Gross NPs at 2.94% Vs 3.34% (QoQ)

– Canara Bank NII & Operating Profit higher than estimates

– AUM at ₹1.5 lakh crore

– Disbursals at ₹50,000-₹55,000 crore

– NIMs to improve to 3.3% as cost of borrowings comes down

– Net Profit Down 57.3% at ₹52.5 Cr Vs ₹122.5 Cr (YoY)

– Revenue Down 11.2% at ₹547.6 Cr Vs ₹617 Cr (YoY)

– EBITDA Down 52% at ₹82.4 Cr Vs ₹172 Cr (YoY)

– Margin at 15% Vs 27.9% (YoY)

Ahead of its Q4 earnings announcement, shares of Asian Paints Ltd. are trading little changed at ₹2,327.50, down 0.28%. The stock has risen 1% so far in 2025.

According to a CNBC-TV18 poll, Bharat Forge’s topline is expected to fall 4% from the same quarter last year, while its net profit is also likely to decline by a similar quantum. Read here

Asian Paints Ltd. is scheduled to report its March quarter results, on Thursday, May 8. Another muted quarter is on the anvil as revenue is likely to remain flat, while margins may narrow from last year. Asian Paints’ decorative paint volumes are expected to grow between 4% and 5% for the March quarter.

Shares of tyre manufacturer MRF Ltd. have another 20% upside in store, according to global brokerage firm CLSA. It has an ‘Outperform’ rating on MRF and has raised its price target higher by 30% to ₹1,68,426 per share from ₹1,28,599 earlier.

Brokerage firm Nomura has downgraded shares of state-run lender Bank of Baroda Ltd. on Thursday, May 8, and has also slashed its price target on the stock. Read here

Following the results, most analysts covering Dabur India have either downgraded the stock or reduced their price targets. However, the consensus target still suggests a potential upside of around 10% from current levels. Read here

Shares of standalone health insurer Niva Bupa Health Insurance Company Ltd gained 14% on Thursday, May 8 after the company on Wednesday reported a 31.2% year-on-year (YoY) jump in net profit at ₹206 crore for the fourth quarter that ended March 31, 2025, compared to ₹157 crore in Q4FY24. Read here

– Peak demand season

– Telangana price hikes

– Maharashtra distribution reset

– Karnataka Excise hike

Shares of Dabur India Ltd. opened nearly 4% lower today (May 8), following the FMCG major’s weak Q4 show, albeit in line with business update.

Shares of Niva Bupa Health Insurance Company Ltd. are trading with gains of 11% on Thursday, May 8, following the company’s Q4 print. The firm reported a 31.2% YoY jump in net profit at ₹206 crore. The insurer saw a 18% YoY rise in gross premiums written at ₹2,078.7 crore. Net premium written rose 21% YoY to ₹1,672 crore.

Shares of Symphony Ltd. opened with gains of 9% on Thursday, May 8, following the company’s strong March quarter earnings.

Here the Symphony’s Q4 numbers:

– Net Profit Up 64.6% at ₹79 Cr Vs ₹48 Cr (YoY)

– Revenue Up 47% at ₹488 Cr Vs ₹332 Cr (YoY)

– EBITDA Up 87.7% at ₹107 Cr Vs ₹57 Cr (YoY)

– Margin at 22% Vs 17.2% (YoY)

– Recommends Final Dividend Of ₹8 per share

– Domestic volume growth at 5% vs 4-5% expected

– Premium volume growth at 24% vs 24-25% expected

Results > Expectations

– Revenue at ₹2,321 crore vs Poll at ₹2,303 crore

– EBITDA at ₹186 crore vs Poll at ₹173 crore

– Margins at 8% vs Poll at 7.5%

– PAT at ₹97.4 crore vs Poll at ₹90 crore

Shares of state-run Coal India Ltd. will be reacting on Thursday, May 8, following its March quarter results, where the company delivered a decent performance in Q4FY25 after a muted showing in H1FY25. Read here

Shares of Voltas Ltd. will be in focus today after posting its Q4 results. CLSA maintains a ‘Hold’ rating on Voltas, and trims its price target to ₹1,375 per share, citing weak earnings, cooling segment pressure, and soft April demand.

– Demand outlook

– New order wins in defence segment

– Revenue may fall, driven by 5% lower shipment

– Cons margin may improve YoY on lower base

– Update on overseas subsidiary

– US auto tariff impact

– N America class 8 truck orders falling

Q4FY25 YoY standalone numbers

– Profit down 4% at ₹383 cr Vs ₹400 cr

– Revenue down 4% at ₹2,238 cr Vs ₹2,329 cr

– EBITDA down 2% at ₹644 cr Vs ₹659 cr

– Margin at 29% Vs 28.3%

Q4FY25 YoY consolidated numbers

– Profit UP 53% at ₹390 cr Vs ₹256 cr

– Revenue down 7% at ₹3,876 cr Vs ₹4,164 cr

– EBITDA UP 5% at ₹683 cr Vs ₹653 cr

– Margin at 18% Vs 15.7%

Shares of Dabur India Ltd. will react today following their March quarter earnings. Dabur’s Q4 results were in line with the business update. The stock ended 0.12% lower on Wednesday at ₹480.

– Mixed Q4 expected

– Defence business may drag domestic revenue

– PV prodn volumes can partly offset CV weakness

– Defence revenue seen flat QoQ

Good Morning!

Hello and Welcome to the Live coverage of the important Q4 results today.

As many as 25 important names will be reporting their results through the course of the day.

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